CBN Injects Over $300 Million Into Banks As Naira Sees Uptick - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / CBN Injects Over $300 Million Into Banks As Naira Sees Uptick (175 Views)
Naira Climbs To N360.55/$ As CBN Injects $210 Million / CBN Injects Fresh $210m In Forex Market / Naira Gains As CBN Injects $210m Into FX Market (2) (3) (4)
(1) (Reply)
| CBN Injects Over $300 Million Into Banks As Naira Sees Uptick by Mateco556: 9:25am On Feb 27 |
Amidst concerted efforts to stabilize the naira-dollar exchange rate, the Central Bank of Nigeria (CBN) has injected over $300 million into Deposit Money Banks (DMBs) over the past two weeks. This move aims to address the recent volatility in the foreign exchange market. The Association of Corporate Treasurers of Nigeria (ACTN) revealed this development in an advisory memo disseminated to its members. According to the memo obtained by... https://ratecaptain.com/cbn-injects-over-300-million-into-banks-as-naira-sees-uptick/ |
| Re: CBN Injects Over $300 Million Into Banks As Naira Sees Uptick by matify83: 9:42am On Feb 27 |
With the restrictions on the BDCs, I see continuous appreciation in the naira against the greenback. Unnecessary pressure on the naira by people seeking to hedge against the it as a store of value will reduce drastically. Hoping there are no lacunae in theCBN's policy can be exploited |
(1) (Reply)
What's Your Experience With Qnet? / Elon Musk On The Don Lemon Show - Full Interview / Na Us: We Mount.
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |